In 2023, Tom Reeg earned $18.95M in total compensation at Caesars Entertainment, Inc., including $2.00M salary, $4.11M bonus and $12.50M in stock. Most recently acquired 21,915 shares in Feb 2024. Has donated $5.63M in stock to charitable causes. 5+ years at the helm of Caesars Entertainment, Inc..
Compensation History
Annual executive compensation data for Tom Reeg, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$18.95M
Salary
$2.00M
Bonus
$4.11M
Other
$336.59K
Salary
$2.00MBoard Justification
The compensation philosophy is designed to attract, motivate, and retain high-quality executives, aligning their interests with those of shareholders through performance-based incentives.
Bonus
$4.11MBoard Justification
The annual bonus earned for 2023 based on performance metrics achieved, specifically tied to Adjusted EBITDA targets.
Other Compensation
$336.59KBoard Justification
Other compensation includes life insurance premiums, long-term disability, group term life insurance, use of corporate aircraft, 401(k) match, and health savings account contributions.
Restricted Stock
Board Justification
The number of shares acquired on vesting of RSUs and annual PSUs during 2023, reflecting performance-based equity compensation that vested in 2023.
Performance Metrics
The performance metrics for 2023 included Adjusted EBITDA targets and total shareholder return (TSR) relative to the S&P 500.
Tom Reeg
CEO of Caesars Entertainment, Inc.
Education
B.A. in Economics from Duke University
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Consumer Cyclical
Born
March 22, 1976 - 49 years ago
CEO of Caesars Entertainment, Inc. for
5 years 4 months (Aug 2020 - Present)
Previous Experience
President of Eldorado Resorts, Inc.
Other Caesars Entertainment, Inc. CEOs
Holdings
Track Tom Reeg's stock holdings and portfolio value over time.
Total Stock Sold
$11.15M
$11.15M
140,000 CZR shares
What if they kept their stock?
If Tom Reeg didn't sell their stock, today they would have:
Extra CZR140,000 shares worth $3.25M.
This is -70.83% and $7.90M less than what they got when they sold the stock.
Charitable Transactions
242,160 shares
CZR
Recent Charitable Transactions
Insider Trading
Tom Reeg's recent stock transactions, purchases, and sales filed with the SEC.
Rivals
Compare Tom Reeg with competitor CEOs and industry peers.
Jason Robins
Founder and CEO of DraftKings Inc.
2023 Compensation
Stock
$300.00K
Salary
$500.00K
Bonus
$200.00K
Other
$150.00K
Total Holdings
$27.10M
Keith E. Smith
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2023 Compensation
Stock
$16.70M
Salary
$1.55M
Bonus
$0.00
Other
$26.16K
Total Holdings
$239.98K
Michael D. Brown
CEO of Travel + Leisure
2023 Compensation
Stock
$1.80M
Salary
$1.10M
Bonus
$1.58M
Other
$266.39K
Total Holdings
$133.38M
Arnold W. Donald
CEO of Carnival Corporation
2023 Compensation
Stock
$0.00
Salary
$0.00
Bonus
$0.00
Other
$106.57K
Total Holdings
$85.33K